Semiconductor Equipment

According to J.P. Morgan, Lam Research (NASDAQ: LRCX) is downgraded to Neutral. J.P. Morgan said that it is downgrading LRCX from Overweight to Neutral and lowering its Dec-12 price target as it believes order/revenue upside driven by Foundry/Logic customers is fully reflected in the stock. “At...

Lam Research Corp. (NASDAQ: LRCX) today announced the expansion of its board of directors with the addition of Martin Anstice, the company's president and chief executive officer. Anstice joined Lam Research in April 2001, and has served as chief financial officer and president, prior to being...

Below are the top mid-cap semiconductor equipment & materials stocks on the NYSE and the NASDAQ in terms of cash. Lam Research Corporation (NASDAQ: LRCX) had $2.22 billion in total cash and $749.08 million in total debt for the latest quarter. KLA-Tencor Corporation (NASDAQ: KLAC) had $2.18...

Piper Jaffray has raised the price target on Lam Research (NASDAQ: LRCX) from $46 to $50 and maintains its Overweight rating.

This is your Benzinga news summary for Monday, January 9, 2012, covering headlines from Thursday's daytime trading session. Today at market close, the Dow Jones Index traded up about 32.62 points or 0.26%, the S&P 500 traded 0.23% higher, the Nasdaq Composite Index traded up 0.09%, and the U.S...

Nanometrics Incorporated (NASDAQ: NANO) today announced a significant milestone marking the adoption of its optical critical dimension technology. More than 1,000 “recipes,” algorithms to analyze and model critical structures, are now in production at semiconductor and data storage manufacturers...

CLSA has upgraded Lam Research (NASDAQ: LRCX) from Buy to Outperform.

By Sean Udall Dec 28, 2011 9:20 am Looking for tech stocks set for growth in the coming year? Consider these expert-selected names. Sean Udall is the author of the TechStrat Report, a tech focused newsletter. The following is a free sample. Take a free trial! There are many potential...

Shares of Lam Research Corp. (NASDAQ: LRCX) are rising on heavy volume Tuesday. The stock has gained 4.22% to $36.33. Around 3.4 million LRCX shares have already traded on the day compared to a 3-month daily average of just over 3 million. This move could have legs as LRCX shares have fallen...

Citigroup reiterates its Buy rating and $58 target price on Lam Research (NASDAQ: LRCX) as it sees no fundamental reasons for the share pullback. Citigroup says, "LRCX has traded down ~12% since announcement of the NVLS deal versus down ~2% for the SOXX index during the same period. While some...

Shares of Waddell & Reed Financial Inc (NYSE: WDR) gained about 3% after the company's board approved a 25% rise in the quarterly dividend on its Class A common stock. The company lifted dividend to $0.25 per share payable on February 1, 2012 to stockholders of record as of January 3, 2012....

Wednesday marked the return of two frequent m&a pairings and an after-hours merger announcement. Google to Acquire Interdigital The Rumor: Google (NASDAQ: GOOG) to acquire Interdigital (NASDAQ: IDCC) for $65.50 per share. This rumor has been floating around for months and once again turned...

SonoSite Inc (NASDAQ: SONO) surged 26.59% to $53.47 in the pre-market session. Fujifilm Holdings Corp (OTC: FUJIY) announced its plans to buy SonoSite for around $752.8 million in cash. Novellus Systems Inc (NASDAQ: NVLS) moved up 24.06% to $43.05 in the pre-market session. Lam Research Corp (...

Piper Jaffray maintains its Neutral rating on Nanometrics (NASDAQ: NANO) on positive capital spending data from the company's customer base. Piper says, “NANO has a high customer concentration at several leading semiconductor companies including Samsung, Intel and Hynix. Collectively these...

Piper Jaffray reiterates its Overweight rating and $40 target price on Lam Research (NASDAQ: LRCX) as the company announced a definitive merger agreement to acquire Novellus (NASDAQ: NVLS) in an all stock deal. Piper Jaffray writes, “One distinct advantage that the new Lam will have is exposure...